SEATTLE, April 13, 2011 (GLOBE NEWSWIRE) — Mantra Venture Group Ltd. (‘Mantra’) (OTCBB:MVTG) (Frankfurt:5MV) (“Mantra” or the “Company”) is pleased to announce that the Company has entered into a Memorandum of Understanding (“MOU”) with Green Commerce Innovation Corporation of Richmond, BC (“GCIC”). The MOU facilitates the cultivation of business opportunities for Mantra in China from both an investment front, as well as a technology deployment front.
GCIC is a business cultivator in the Cleantech, Greentech and Clean Energy sectors with a market focus in the Asia Pacific region. GCIC develops clear understanding of customer needs, and addresses the needs with innovative solutions involving analysis, design, techniques, technologies and training.
Francesca Levy, AP Business Writer
Stocks edge higher, led by energy and materials
Stocks inch higher, led by energy companies as oil moves back above $106 per barrel
NEW YORK (AP) — Stocks edged higher in early trading Thursday, led by energy companies as the price of oil jumped back up above $106 per barrel.
Traders shrugged off slightly disappointing reports on new unemployment claims and factory orders.
Fertilizer company CF Industries Holdings Inc. was the biggest gainer of any stock in the S&P 500, rising 3 percent after the Agriculture Department reported that farmers were planning to plant 92.2 million acres of corn this spring, 5 percent more than they did last year.
Oil prices surged above $106 a barrel after forces loyal to Libyan leader Moammar Gadhafi retook control of the key oil port of Ras Lanouf from rebel forces. The power shift threatens the quick restart of oil exports promised by a rebel victory. Rising oil prices could cut into U.S. growth and limit spending by consumers forced to pay more for gasoline.
Yesterday’s Top Performing Small Cap Stock:
Rockwood National Corporation (Pink Sheets: RNTL)
Rockwood National Corporation was a SmallCapVoice.com top performer closing up over 3% on trading volume of 105,500 shares.
Rockwood Actively Seeking Additional Mortgage Lending, Real Estate Brokerage and Title Service Acquisition Opportunities
BOCA RATON, FL — (Marketwire) — 03/31/11 — Rockwood National Corp. (PINKSHEETS: RNTL) (“Rockwood”) announced today that with the full support of its Board of Directors, the Company is aggressively seeking to acquire mortgage lending, real estate brokerage and title service providers across the country, consistent with the objectives of its established growth strategy. The Company plans to continually enhance its organic growth by acquiring recognized sector leaders to further complement and support its full service national real estate distribution network. By combining the synergistic benefits of economies of scale, cross selling and reduced marketing expense, the proprietary business model of the Company provides each subsidiary with enhanced revenue and profit margin opportunities not found on an individualized basis.
DALLAS, March 30, 2011 (GLOBE NEWSWIRE) — John Pentony, Publisher of StockGuru.com, announced today that StockGuru has released a new executive interview featuring Larry Kristof, the President and CEO of Mantra Venture Group, Ltd. (OTCBB:MVTG). Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the green technology marketplace with an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders
Mantra Venture Group, Ltd. (OTCBB: MVTG) is building a portfolio of subsidiary companies and technologies that mitigate negative environmental and health consequences that arise from the production of energy and the consumption of resources.
Through its wholly owned subsidiary, Mantra Energy Alternatives Ltd. (ME), Mantra Venture Group acquired 100% ownership of the patent pending technology known as Electrochemical Reduction of Carbon Dioxide, or “ERC” in 2008. ERC was developed by professor emeritus Colin Oloman at the University of British Columbia’s Clean Energy Research Centre.
ERC is a method of recycling carbon dioxide into valuable non-volatile organic compound, called formate or formic acid, a natural by-product of CO2 recycling that enables industrial CO2 emitters to make profit off of their emissions rather than incur a cost to sequester CO2. Using ERC could potentially reduce the cost of sales and increase gross margins for industrial emitters.
SEATTLE, March 14, 2011 (GLOBE NEWSWIRE) — Mantra Venture Group Ltd. (‘Mantra’) (OTCBB:MVTG) (FRANKFURT:5MV) is pleased to announce that the Company has been selected as one of only eight Vancouver-based companies to present at the Northern Cleantech Showcase on April 14, 2011, in Palo Alto, California. The Northern Cleantech conference is being sponsored by Kachan Consulting, Deloitte, Gowlings and the Greentech Exchange of Vancouver.
Nov. 13, 2009 (PR Newswire) — SEATTLE, Nov. 13 /PRNewswire-FirstCall/ – Mantra Venture Group Ltd. (‘Mantra’, OTCBB: MVTG, FSE: 5MV), developer of the revolutionary carbon recycling ERC technology, was featured in the Fourth Quarter 2009 edition of District Energy Magazine (District Energy). The article, entitled “Carbon Recycling: An alternative to carbon capture and storage,” takes a closer look at the current economic, regulatory and legal challenges facing carbon capture and storage (CCS), and offers some insight as to the potential advantages of carbon recycling over CCS.